WH adviser Navarro: US is engaged with India on a potential trade deal

The United States is engaged with India on a potential trade deal, White House trade adviser Navarro told Fox Business Network on Wednesday. "We have got to get India to lower tariffs," Navarro added, per Reuters.

These comments don't seem to be having a noticeable impact on the USD/INR pair's trading action. As of writing, the pair, which closed the last three trading days in the positive territory amid political unrest in India, was down 0.06% on the day at 70.986.